Class A-2 Note Principal Balance definition

Class A-2 Note Principal Balance. As of any date of determination, the Original Note Principal Balance of the Class A-2 Notes less any amounts actually paid with respect to principal thereon on all prior Payment Dates.
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Class A-2 Note Principal Balance means, on any date, (a) the total amount of Class A-2 Note Principal Balance Increases made on or prior to such date, minus (b) the total amount of principal payments made on the Class A-2 Notes on or prior to such date.
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Class A-2 Note Principal Balance means, at any time, the Initial Class A-2 Note Principal Balance minus all payments theretofore received by the Class A-2 Noteholders on account of principal.
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Examples of Class A-2 Note Principal Balance in a sentence

  • The Offered Notes shall, except as otherwise provided in the next paragraph, be initially issued in the form of a single fully registered Class A-1 Note, Class A-2 Note, Class A-3 Note and Class A-4 Note, each with a denomination equal to the Initial Class A-1 Note Principal Balance, the Initial Class A-2 Note Principal Balance, the Initial Class A-3 Note Principal Balance and the Initial Class A-4 Note Principal Balance, respectively.

  • On each Distribution Date, the Allocation Amount shall be reduced by the amount of Reallocated Principal Collections used to fund the Class A-2 Required Amount for such Distribution Date, but in any event the Allocation Amount shall not be reduced by operation of this subsection 4.07(b) to an amount less than the sum of the Class A-1 Note Principal Balance and the Class A-2 Note Principal Balance.

  • Such amount so withdrawn from the Distribution Account shall reduce the Available Distribution Amount for each Group pro rata, based upon the relative proportions of the Class A-1 Note Principal Balance and the Class A-2 Note Principal Balance to the total Class A Note Principal Balance (in such case after giving effect to distributions of principal on such Payment Date).

  • The Class A Notes shall, except as otherwise provided in the next paragraph, be initially issued in the form of a single fully registered Class A-1 Note, Class A-2 Note, Class A-3 Note and Class A-4 Note each with a denomination equal to the Initial Class A-1 Note Principal Balance, the Initial Class A-2 Note Principal Balance, the Initial Class A-3 Note Principal Balance and the Initial Class A-4 Note Principal Balance, respectively.

  • The Offered Notes shall, except as otherwise provided in the next paragraph, be initially issued in the form of a single fully registered Class A-1 Note, Class A-2 Note, Class A-3 Note, Class A-4 Note and Class B Note, each with a denomination equal to the Initial Class A-1 Note Principal Balance, the Initial Class A-2 Note Principal Balance, the Initial Class A-3 Note Principal Balance the Initial Class A-4 Principal Balance and the Initial Class B Note Principal Balance, respectively.

  • As provided in the Indenture, all of the Classes of Notes may be redeemed in whole, but not in part, at the option of the Sponsor on any Payment Date on and after the date on which the sum of the Class A-1 Note Principal Balance, the Class A-2 Note Principal Balance and the Class A-3 Note Principal Balance is less than or equal to 10% of the sum of the Class A-1 Note Principal Balance, Class A-2 Note Principal Balance and the Class A-3 Note Principal Balance.

  • On each Distribution Date, the Allocation Amount shall be reduced by the amount of Reallocated Principal Collections used to fund the Class A-4 Required Amount for such Distribution Date, but in any event the Allocation Amount shall not be reduced by operation of this subsection 4.07(d) to an amount less than the sum of the Class A-1 Note Principal Balance, the Class A-2 Note Principal Balance, the Class A-3 Note Principal Balance and the Class A-4 Note Principal Balance.

  • On each Distribution Date, the Allocation Amount shall be reduced by the amount of Reallocated Principal Collections used to fund the Class A-3 Required Amount for such Distribution Date, but in any event the Allocation Amount shall not be reduced by operation of this subsection 4.07(c) to an amount less than the sum of the Class A-1 Note Principal Balance, the Class A-2 Note Principal Balance and the Class A-3 Note Principal Balance.


More Definitions of Class A-2 Note Principal Balance

Class A-2 Note Principal Balance means, on any date of determination, an amount equal to (a) the Class A-2 Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class A-2 Noteholders on or prior to such date.
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Class A-2 Note Principal Balance. The Class Note Balance for the Class A-2 Certificates.
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Class A-2 Note Principal Balance. As of any date, the Class A-2 Note Initial Principal Balance, minus the aggregate amount of any principal payments made to the Class A-2 Noteholders on or prior to such date.]
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Class A-2 Note Principal Balance means, on any date, (a) the Class A-2 Initial Note Principal Balance, minus (b) the total amount of principal payments made on the Class A-2 Notes on or prior to such date[, including, for the avoidance of doubt, principal payments consisting of Series Pre-Funding Proceeds].]
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Class A-2 Note Principal Balance. As of any time of determination, the Original Aggregate Principal Balance of the Class A-2 Notes less any amounts actually distributed with respect to principal thereon on all prior Distribution Dates.
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Related to Class A-2 Note Principal Balance

  • Class A-4 Principal Balance as of any date means the Class A‑4 Initial Principal Balance less all amounts paid to the holders of Class A‑4 Notes in respect of principal pursuant to Section 5.06 hereof.

  • Class A Note Principal Balance means, on any date of determination, an amount equal to (a) the Class A Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class A Noteholders on or prior to such date.

  • Class B Note Principal Balance means, on any date of determination, an amount equal to (a) the Class B Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class B Noteholders on or prior to such date.

  • Class A-3 Principal Balance as of any date means the Class A‑3 Initial Principal Balance less all amounts paid to the holders of Class A‑3 Notes in respect of principal pursuant to Section 5.06 hereof.

  • Class C Note Principal Balance means, on any date of determination, an amount equal to (a) the Class C Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class C Noteholders on or prior to such date.